New prohibitions and additional disclosure obligations relating to FPRs that contain gross sales and gross profits/net profits of company-owned outlets—by far the most controversial section of the FPR commentary

Limited circumstances under which data from company-owned outlets and franchise outlets can be merged in the same FPR

Additional FPR disclosure requirements and restrictions, including those relating to averages and medians, subsets, outlets that close within a year of opening, and “managed outlets”

Gray Plant Mooty is recognized as one of the leading corporate law firms in Minnesota and one of the top franchise firms in the world. Our roots go back to 1866. Today, we are a full-service firm with nearly 180 attorneys and offices in Minneapolis and St. Cloud, Minnesota; Washington, D.C.; and Fargo, North Dakota.